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Investors expect the market rate of return

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Investors expect the market rate of return this year to be 10.50%. The expected rate of return on a stock with a beta of 1.3 is currently 13.65%. If the market return this year turns out to be 9.00%, how would you revise your expectation of the rate of return on the stock? (Round your answer to 1 decimal place.)

Revised rate of return ?%

Reference no: EM132309659

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